Remote working and destination hiring has become a new trend among IT companies across India. Enterprise players including Dell, HP, Cisco, and Oracle have emerged as the top companies in the new trend that emerged in 2020.
The IT power Movers report by Wizikey highlights 25 players in the Indian IT sector. According to the report, TCS, Infosys, Wipro, IBM, and Cognizant are the top five IT players in 2020. The report further breaks-down services and products. The pandemic has reversed the trends of IT outsourcing in India and abroad.
Anshul Sushil the Co-founder and CEO of Wizikey said, “With mass layoffs and intense pay cuts making headlines in the first half of the year, the Indian IT industry definitely has gone through its own share of headwinds. It has taken time for them to adapt to the new normal. By diving through news via our analytics tools, we deciphered that destination hiring and remote working are the top emerging trends in the industry.”
The report is created using Wizikey’s proprietary AI, ML technology, data mining, and analysis of ITeS industry players. The analysis is sourced from over the last few years.
Wizikey’s Anshul Sushil further added, “We analyze millions of news data points with Big Data Technologies such as Predictive Analytics and Machine Learning. This deep dive into all sectors and news articles help us create meaningful and important data insights for various brands which they can use in creating their differentiated positioning buckets with relevant media platforms and consumer circles.”